"The amount of total counterfeiting globally has reached to 1.2
Trillion USD in 2017 and is bound to reach 1.82 Trillion USD by the year
2020 which includes counterfeiting of all equipment/products from
defence equipment's to counterfeiting of watches."
The Global Brand Counterfeiting Report, 2018 estimates that the losses suffered due to online counterfeiting globally has amounted to 323 Billion USD in the year 2017.
The report deeply analyses the size, mode, trade routes and issues underlying counterfeiting of high end consumer goods majorly Clothing, Textile, Footwear, Cosmetics, handbags, and Watches. The estimated losses due to counterfeiting of high end consumer goods amounted to 98 Billion USD which includes counterfeiting from offline as well as online mediums.
According to the analysis made in the report, losses incurred by Luxury Brands because of sale of counterfeiting through internet accounted to 30.3 Billion USD.
The growth in global trade and technology has positively affected many markets across the world but along with that, it has some major adverse effects as well. Business organizations spend a lot of money, time and resources on protecting their brand and trademarks. But even after all the measures, the counterfeit market is booming rapidly. The Global Brand Counterfeiting Report, 2018 has addressed the issue of proliferation of trademark counterfeiting in this technologically driven era.
The globalization of trade and communication has offered unparalleled opportunities for organized crimes to engage in illicit trade and counterfeiting so as to increase their economic influence. The report has focused on those economies where the consumers have the highest buying power namely, France, Germany, Hong Kong, China, Italy, Japan, Singapore, UAE, UK, and the USA.
The report focuses on greatest challenges faced by the law enforcement agencies regarding illicit trade and intellectual property crimes. These crimes have generated serious economic challenge along with social and environmental harm. The illegitimate acts also have a bad impact on the overall growth of the businesses. The illicit value chains and free trade zones make it easier for the counterfeiters to trade in fake goods without any fear of being caught.
The report explicates that the problem of counterfeiting is long-standing and is growing more and more in scope and magnitude. The government and business organizations are concerned because of the adverse impact of such illicit activities. Counterfeiting also poses threats to the welfare of consumers, along with that it also disrupts the whole society on various levels and harms the reputation of the businesses.
Key Topics Covered:
1. Counterfeiting In The Fourth Industrial Revolution
2. The State Of Counterfeiting
3. Globalization - A Double Edged Sword
4. Manufacturing Outsourcing - A Blessing In Disguise
5. Luxury Brands & Celebrity Endorsement
6. E Commerce - A New Platform For Counterfeiters
7. Case Laws
8. The Other Side Of The E-Commerce Industry
9. Social Counterfeiting - Counterfeiting On Social Media
10. Future Threat- 3D Printing & Counterfeiting
11. The Illicit Value Chains
12. Trade Routes Of Counterfeited Goods
13. Analysis - Agreements On Intellectual Property Rights
14. Analysis - Secondary Liabilities
15. Counterfeiting & Trademark Infringement In Biggest Markets
16. Recommendations For Anti-Counterfeiting
- Cartier International Ag.
- Christian Louboutin
- DHL and Yamato Holdings
- DNA Technologies
- Hangzhou Yanbei Trading Company
- Michael Kors
- Quantum Materials Corporation
- Shenzhen Meigeer Watch Co., Ltd
- Tods/Roger Vivier
- United Parcel Services
For more information about this report visit https://www.researchandmarkets.com/research/hzjb9c/global_brand?w=4